Billionaire Mark Cuban Says He Loves Dogecoin Because It’s A Fun, Cheap Way To Learn Crypto
- Cuba’s meager dogecoin holdings
- “Vitalik will find out”
In a recent live audio chat on Twitter Spaces, billionaire Mark Cuban said he would continue to talk about Dogecoin despite the retreat from Bitcoin maximalists.
Cuban says Dogecoin is “a great introduction” to the cryptocurrency space.
The “Shark Tank” host also thinks the cryptocurrency meme is an inexpensive way to learn crypto.
Cuban explains that there is a low barrier to entry since it is enough to open an account with Robinhood and buy $ 25 from DOGE.
Now that Robinhood is rolling out its own wallets, Cuban says Dogecoiners will also be able to easily spend their favorite coin at merchants like AMC.
Finally, Cuban once again praised the Dogecoin community for its frivolity:
I think it’s a fun community to be a part of.
Cuba’s meager dogecoin holdings
Despite being a strong supporter of Dogecoin, Cuban himself only has $ 1,500 in the coin itself.
After the billionaire saw his commitment questioned by podcaster Preston Pysh, he urged the former to disclose his own position in Bitcoin to prove he is not a poser.
in case you own less than me in Doge and you are just a poseur
– Mark Cuban (@mcuban) October 16, 2021
Cuban himself has described Bitcoin as the top store of value, but he doesn’t think it will be successful in payments (unlike Dogecoin).
“Vitalik will find out”
Speaking of Ethereum, Cuban says he is not claiming that there is a risk associated with Ethereum’s move to proof-of-stake through the ‘trick bomb’ mechanism.
However, he believes co-founder Vitalik Buterin will be able to figure things out:
I guess Vitalik will find out.
If Ethereum “fucks the dog,” Cuban expects other channels to take its place.
As reported by U.Today, Buterin has also joined the advisory board of the recently re-established Dogecoin Foundation.